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Philippine construction plunges to 8-month low in January 2025, driven by residential slump

Summary by Manila Bulletin
Construction projects in the Philippines saw their steepest decline in eight months, falling by nearly 15 percent to over 12,500 in January 2025, due to the massive decrease in residential-building constructions.Data from the Philippine Statistics Authority (PSA) showed that the January figure marks the largest drop since May 2024 when construction projects shrank by over 15 percent.The January number declined from nearly 14,700 in the same mont…

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Philippine construction plunges to 8-month low in January 2025, driven by residential slump

Construction projects in the Philippines saw their steepest decline in eight months, falling by nearly 15 percent to over 12,500 in January 2025, due to the massive decrease in residential-building constructions.Data from the Philippine Statistics Authority (PSA) showed that the January figure marks the largest drop since May 2024 when construction projects shrank by over 15 percent.The January number declined from nearly 14,700 in the same mont…

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cadcr.comcadcr.com
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Ontario Construction NewsOntario Construction News

Home construction plummets in early 2025, driven by falling multi-unit and single-detached starts

Ontario Construction News staff writer Canada’s largest cities are seeing a significant slowdown in home construction this year, with Vancouver experiencing a 48 percent drop and Toronto seeing a […]

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cadcr.com broke the news in on Thursday, March 20, 2025.
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